Singapore’s alternative credit scoring startup CredoLab raises US$1 million to expand into Africa

Singapore’s alternative credit scoring startup CredoLab raises US$1 million to expand into Africa

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  Singapore’s CredoLab, a mobile-based alternative credit scoring solutions for banks, consumer finance companies, and retailers has raised US$1 million equity round from Walden International to expand internationally. According to Kris Leong, vice president of Walden International, “There is a big pool of unbanked consumers in Asia with…

Prudential Financial invests $1.5million in the emerging market-focused LeapFrog Talent Accelerator

Prudential Financial invests $1.5million in the emerging market-focused LeapFrog Talent Accelerator

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Talent development is the single greatest challenge most firms in emerging markets face. To help solve these problems, LeapFrog Investments has launched the LeapFrog Talent Accelerator (LTA), the private equity industry’s first talent development programme for CEOs, C-suite executives and middle managers in…

Zazu raises £200,000 through crowdfunding platform Seedrs to launch a digital-only bank in Africa

Zazu raises £200,000 through crowdfunding platform Seedrs to launch a digital-only bank in Africa

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Zazu, which began at the Ignite Accelerator as an e-commerce platform for farmers has raised over £200,000 for a 7.51% equity at a pre-money valuation of £2.5m to build a digital-only bank in Africa, bringing financial inclusion to millions. Co-founded by Perseus Mlambo, CEO, Adam Farah, CTO and Alessandra MartiniCOO, the…

SolarNow raises $6m in debt financing from SunFunder, responsAbility and Oikocredit to expand its reach

SolarNow raises $6m in debt financing from SunFunder, responsAbility and Oikocredit to expand its reach

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  SolarNow has received a $6 million facility lead by SunFunder with the participation of  responsAbility Investments AG and Oikocredit to expand their pay-as-you-go or solar lease offerings to reach more people living without access to energy. The $6 million facility is SolarNow’s second structured asset finance instrument,…

Oolu raises ​​​​$3.2​​m Series A round from Persistent​​ Energy ​​Capital​​ & ​​Y ​​Combinator to expand in West Africa

Oolu raises ​​​​$3.2​​m Series A round from Persistent​​ Energy ​​Capital​​ & ​​Y ​​Combinator to expand in West Africa

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Y Combinator start-up Oolu​, an off-grid solar companies in Senegal has raised $3.2m led by ​Persistent Energy Capital (PEC), and was joined by ​Y Combinator (YC) ​and other seed investors. ​ Oolu will use the money to further invest in its current​​…